Siemens to buy Iberdrola’s stake in Siemens Gamesa for €1.1bn

The spin-off Siemens Energy will hold a two thirds majority in the wind turbine OEM Siemens Gamesa

Joe Kaeser, chief executive officer of Siemens AG — Joe Kaeser, chief executive officer of Siemens AGFoto: Bloomberg/Bloomberg via Getty Images

Bernd Radowitz

Published 4 February 2020, 19:38Updated 5 February 2020, 08:46

Europe Financial